Posted by | Category Blog | Date 19 December 2014

How guarantor loans can improve your credit score

By repaying a guarantor loan on time, you are able to improve your credit score. By demonstrating that you are able to pay a loan off whether its a guarantor, logbook or payday, it is showing your creditworthiness. So whenever you repay a loan, the information is reported by the lender to a credit reference agency such as Equifax, Experian or CallCredit and this will update your credit score accordingly. The

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